StoxMarket is an established binary options and Forex broker. They offer a few different trading platforms for their costumers to use.
In our review of StoxMarket, we found that they offer binary options as well as Forex trading. They use the Panda trading platform for binary options and the MetaTrader4 and WebTrader platforms for Forex.
The Panda platform offers Hyper options that have expiry times of 30, 60, or 120 seconds, and 5 or 10 minutes. It also has High/Low options with expiry times from 15 minutes to 6 months. As well as Range and OneTouch options.
These can be used to trade assets from among all the asset categories, with returns of up to 81%.
Auto Trading Robot
It seems that many people are trading at StoxMarket with auto-trading software. However, one must choose a robot carefully, because many of them are scams.
A legitimate Auto Trade Robot let’s you pick the broker and the trade settings. Look at these robots.
We always stress, that you must read a brokers Terms and Conditions page carefully before accepting bonuses. There are usually certain conditions that must be met before you can withdrawal your money, if you accepted a bonus.
Naivety, is usually the reason for trader’s complaints. Read more about common problems traders encounter in our forum.
StoxMarket has three account types to offer. The smallest account requires a minimum deposit of $1000. Trades can be placed for as low as $10.
With more than 250 brokers that are currently active, it’s worthwhile to compare them. You’ll be happy to have a look at these other popular brokers and see what they offer.
How do you know if a broker is a scam or not? See if they are licensed and regulated by a governmental financial regulator, like CySEC. This demonstrates that they comply with the legal regulations of ethical business conduct.
As of this writing, StoxMarket does not have a license.
Look at our list of Licensed Brokers here.
StoxMarket is owned by Marketier Holdings Limited. Their address is: C&H Towers, 3rd floor Corner of Great Marlborough and Great George Streets, Roseau, Commonwealth of Dominica.